Nestlé SA said Dec. 19 that it will invest $154 million in a new coffee factory in Veracruz, Mexico.
The factory will initially employ 250 people and is expected to create an additional 2,500 indirect jobs in its first phase as it produces 20,000 tons of locally sourced green coffee annually. Nestlé expects the site to create 1,200 direct jobs and 12,000 indirect jobs at the end of its expansion.
Renewable electricity and recycled water will power the plant, which will use 100% of coffee waste to produce energy.
The Swiss retailer currently sources 68,500 tons of green coffee from Mexico. The new site will mark the 18th production facility in the country, which includes factories for dairy products, bottled water, cooking aids and pet care.